Warren Buffett
Warren Buffett
Warren Edward Buffett is an American business magnate, investor and philanthropist. He is considered by some to be one of the most successful investors in the world. Buffett is the chairman, CEO and largest shareholder of Berkshire Hathaway, and is consistently ranked among the world's wealthiest people. He was ranked as the world's wealthiest person in 2008 and as the third wealthiest in 2015. In 2012 Time named Buffett one of the world's most influential people...
NationalityAmerican
ProfessionEntrepreneur
Date of Birth30 August 1930
CityOmaha, NE
CountryUnited States of America
In the world of business, the people who are most successful are those who are doing what they love.
The value of market esoterica to the consumer of investment advice is a different story. In my opinion, investment success will not be produced by arcane formulae, computer programs or signals flashed by the price behavior of stocks and markets. Rather an investor will succeed by coupling good business judgment with an ability to insulate his thoughts and behavior from the super-contagious emotions that swirl about the marketplace.
If, when making a stock investment, you're not considering holding it at least ten years, don't waste more than ten minutes considering it.
Investors should remember that excitement and expenses are their enemies.
The critical investment factor is determining the intrinsic value of a business and paying a fair or bargain price.
What the wise do in the beginning, fools do in the end.
You know ... you keep doing the same things and you keep getting the same result over and over again.
Beware [of] the investment activity that produces applause; the great moves are usually greeted by yawns.
The best investment you can make is in yourself
It takes 150 years to build an investment bank and only five minutes to convince you to sell me preferred stock in it at a 10% interest rate.
I am not in the business of predicting general stock market of business fluctuations. If you think I can do this, or think it is essential to an investment program, you should not be in the partnership.
So if you are evaluating others (or yourself!) in the investment field, think out some standards - apply them - interpret them.
Market price, while used exclusively to value our investments in minority positions, is not a relevant factor when applied to our controlling interests.
We will prosper or suffer in controlled investments in relation to the operating performances of our businesses - we will not attempt to profit by playing various games in the securities markets.